TYR Tyratech (DI/S)

TIDMTYR TIDMTYRU

RNS Number : 4577R

TyraTech, Inc.

25 October 2013

25 October 2013

TYRATECH, INC.

("TyraTech" or the "Company")

Director/PDMR Shareholding

The Company has received notification that on 25 October 2013, Barry Riley, Non-Executive Director of the Company, completed the sale and repurchase, of a total of 273,334 common shares of US$0.001 in the Company ("Common Share") at a sale price of 5.5 pence per Common Share and a repurchase price of 5.52 pence per Common Share, in order to effect the transfer of 136,667 Common Shares to the Individual Savings Account ("ISA") of Barry Riley and 136,667 Common Shares to the ISA of Barry's wife, Mrs. B. Riley.

Following this transaction, Barry Riley remains beneficially interested in 2,455,556 Common Shares representing an interest of 1.46 per cent of the total voting rights of the Company. In addition, Barry Riley is interested in 550,000 stock appreciation right options over Common Shares as follows:

 
 Options Held   Option Exercise   Expiry Date 
                 Price 
 200,000        12p               20 October 2020 
 350,000        6p                25 April 2022 
 

For further information please contact:

TyraTech Inc.

Alan Reade, Non-Executive Chairman

Tel: +44 7841 978 709

Bruno Jactel, Chief Executive Officer

Tel: +1 919 415 4340

N+1 Singer, Nominated Adviser and Joint Broker

Jonny Franklin-Adams / Alex Wright

Tel: +44 20 7496 3000

First Columbus LLP, Joint Broker

Chris Crawford

Tel: +44 20 3002 2070

Walbrook, Financial PR and IR

Bob Huxford /Guy McDougall (Public Relations)

Tel + 44 7933 8792

Paul Cornelius (Investor Relations)

Tel +44 20 7933 8794

This information is provided by RNS

The company news service from the London Stock Exchange

END

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